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Universitatea Craiova

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NewsMay 07, 05:48 PM

Brazil's Supreme Court Resumes Trial on Oil Royalty Distribution Rules

The Supremo Tribunal Federal (STF) has resumed its trial of six actions concerning the rules for distributing oil royalties and special participations among Brazilian states and municipalities. The case centers on the validity of a 2012 law aimed at creating a more equitable distribution of oil revenues, with significant implications for oil-producing states like Rio de Janeiro, Espírito Santo, and São Paulo.